$70.99
0[0.00%]
At close: Apr 18
$70.99
0[0.00%]
PreMarket: 4:00PM EDT
Merit Medical Systems
(NASDAQ:MMSI)Merit Medical Systems Stock (NASDAQ:MMSI), Analyst Ratings, Price Targets, Predictions
Merit Medical Systems Inc has a consensus price target of $88.09, established from looking at the 47 latest analyst ratings. The last 3 analyst ratings were released from Barrington Research, CL King, and Needham on April 16, 2024, April 11, 2024, and April 11, 2024. With an average price target of $91.33 between Barrington Research, CL King, and Needham, there's an implied 28.66% upside for Merit Medical Systems Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Barrington Research
CL King
Needham
Oppenheimer
Canaccord Genuity
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Merit Medical Systems
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/16/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 38.05% | Barrington Research | Michael Petusky | $98 → $98 | Maintains | Outperform | Get Alert |
| 04/11/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 23.96% | CL King | Kristen Stewart | → $88 | Initiates | → Buy | Get Alert |
| 04/11/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 23.96% | Needham | Mike Matson | → $88 | Reiterates | Buy → Buy | Get Alert |
| 02/29/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 22.55% | Oppenheimer | Steven Lichtman | $82 → $87 | Maintains | Outperform | Get Alert |
| 02/29/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 38.05% | Barrington Research | Michael Petusky | $96 → $98 | Maintains | Outperform | Get Alert |
| 02/29/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 23.96% | Needham | Mike Matson | $81 → $88 | Maintains | Buy | Get Alert |
| 02/29/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 57.77% | Canaccord Genuity | Jon Young | $102 → $112 | Maintains | Buy | Get Alert |
| 02/07/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 22.55% | B of A Securities | Craig Bijou | → $87 | Initiates | → Neutral | Get Alert |
| 01/30/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 25.37% | Raymond James | Jayson Bedford | $84 → $89 | Maintains | Outperform | Get Alert |
| 01/12/2024 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 33.82% | Piper Sandler | Jason Bednar | $88 → $95 | Maintains | Overweight | Get Alert |
| 12/21/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 40.86% | Canaccord Genuity | Jon Young | $76 → $100 | Upgrade | Hold → Buy | Get Alert |
| 10/27/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 35.23% | Barrington Research | Michael Petusky | $95 → $96 | Maintains | Outperform | Get Alert |
| 10/27/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 14.1% | Needham | Mike Matson | $96 → $81 | Maintains | Buy | Get Alert |
| 09/27/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 35.23% | Needham | Mike Matson | → $96 | Reiterates | Buy → Buy | Get Alert |
| 08/28/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | -1.39% | Canaccord Genuity | William Plovanic | $86 → $70 | Maintains | Hold | Get Alert |
| 08/16/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 33.82% | Barrington Research | Michael Petusky | → $95 | Reiterates | Outperform → Outperform | Get Alert |
| 07/26/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 35.23% | Needham | Mike Matson | → $96 | Reiterates | Buy → Buy | Get Alert |
| 07/21/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 29.6% | Piper Sandler | Jason Bednar | $85 → $92 | Maintains | Overweight | Get Alert |
| 07/06/2023 | MMSI | Buy Now | Merit Medical Systems | $70.99 | 33.82% | Barrington Research | Michael Petusky | → $95 | Reiterates | Outperform → Outperform | Get Alert |
FAQ
What is the target price for Merit Medical Systems (MMSI)?
The latest price target for Merit Medical Systems (NASDAQ: MMSI) was reported by Barrington Research on April 16, 2024. The analyst firm set a price target for $98.00 expecting MMSI to rise to within 12 months (a possible 38.05% upside). 27 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Merit Medical Systems (MMSI)?
The latest analyst rating for Merit Medical Systems (NASDAQ: MMSI) was provided by Barrington Research, and Merit Medical Systems maintained their outperform rating.
When was the last upgrade for Merit Medical Systems (MMSI)?
The last upgrade for Merit Medical Systems Inc happened on December 21, 2023 when Canaccord Genuity raised their price target to $100. Canaccord Genuity previously had a hold for Merit Medical Systems Inc.
When was the last downgrade for Merit Medical Systems (MMSI)?
The last downgrade for Merit Medical Systems Inc happened on December 20, 2022 when Canaccord Genuity changed their price target from N/A to $72 for Merit Medical Systems Inc.
When is the next analyst rating going to be posted or updated for Merit Medical Systems (MMSI)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Merit Medical Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Merit Medical Systems was filed on April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.
Is the Analyst Rating Merit Medical Systems (MMSI) correct?
While ratings are subjective and will change, the latest Merit Medical Systems (MMSI) rating was a maintained with a price target of $98.00 to $98.00. The current price Merit Medical Systems (MMSI) is trading at is $70.99, which is out of the analyst’s predicted range.
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